NEA 0.24% $2.08 nearmap ltd

From the livewire story An underappreciated aspect of Nearmap’s...

  1. reg
    393 Posts.
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    From the livewire story
    An underappreciated aspect of Nearmap’s business is the progressive shift towards data analytics and applications based on machine learning and artificial intelligence. At its core, Nearmap’s most valuable asset is its data, in the form of digital imagery, which can be analysed and manipulated to add richness and deliver unique insights for the end user. The ability to offer high value analysis tools and applications helps grow revenue per customer, deepens the customer relationship and further entrenches Nearmap’s competitive advantage.

    If we have anyone in our midst that has good knowledge of the world of machine learning and AI then I'd love to hear your thoughts on Nearmap and this technology. My rudimentary understanding is eg. maps can be scanned for buildings that don't yet have solar and that have a suitable aspect and roof pitch. However that is just my simplistic guess work and I imagine there are others who understand the tech who may be able to provide us with some more sophisticated insights.
 
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